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OKC Standard

Tuesday, December 3, 2024

2023 sees Oklahoma County investing $2,684,641 in men’s basketball teams

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Webb Jeanie, President | Rose State College

Webb Jeanie, President | Rose State College

Oklahoma County spent $2,684,641 on men’s collegiate basketball teams in 2023, representing a 4.2% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $5,177,468, with men’s teams receiving $2,684,641.

Since 2010, the average sports expenses in Oklahoma County have grown 85.9%.

Basketball is one of the most popular sports played at U.S. colleges, as well as football. NCAA basketball teams are often as popular as NBA teams, and offer a different experience for fans.

In 2022, after a decades-long fight, student-athletes nationwide gained the right to profit from their names, likenesses, and images as a result of a flurry of new state laws and an NCAA policy change.

The basketball fund received around 168.57 million dollars from NCAA revenue in 2020–21.

Men’s Basketball Team's Expenditures of Oklahoma County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$2,684,6417.2%$37,403,890
2022$2,801,7477.6%$36,941,599
2021$2,367,8227.3%$32,506,554
2020$2,550,7337.7%$33,024,949
2019$2,668,5068.1%$32,937,885

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